Accord cuts higher LTV rates

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Accord Mortgages is cutting a selection of rates across its higher loan to value (LTV) ranges by up to 0.10 percentage points.

New deals include the following:

  • A two-year fixed rate at 2.93% (was 3.03%) at 85% LTV with £495 fee, £500 cashback and free valuation
  • A five-year fixed rate at 2.93% (was 2.99%) at 85% LTV with £495 fee, £500 cashback and free valuation
  • A five-year fixed rate at 3.57% (was 3.61%) at 90% LTV with £495 fee, £750 cashback and free valuation

Accord is also improving the rates on products that are available to those remortgaging, including:

  • A two-year fixed rate of 2.72% (was 2.82%) at 85% LTV with £995 fee.

The following mortgage is also available for house purchase:

  • A two-year fixed rate of 2.86% (was 2.91%) at 85% LTV with £495 fee, £250 cashback, free valuation and remortgage legal service

Jemma Anderson, mortgage manager at Accord, said: “We’ve reduced a number of rates across our higher LTV ranges to give brokers more competitive choice for clients with smaller deposits.

“Brokers will notice both shorter and longer initial deal terms benefit from the changes, and there’s options for both house purchase clients and those looking to remortgage. With a number of incentives remaining on mortgages across the range, we’re confident this revised range will be welcomed.”

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